Newcore Gold is advancing the Enchi Gold Project in southwest Ghana. The project’s 248 sq km land package covers 40 kms of Ghana’s Bibiani Shear Zone, a gold belt which hosts several large, multi-million-ounce gold mines.
A 45,000-metre drill program is underway with a focus on resource conversion, resource growth and exploration as Newcore Gold completes the technical work required to advance the Project towards completion of a Pre-Feasibility Study in H1 2026.
Enchi hosts multiple deposits across its 248 km² prospective land package which remains largely underexplored. A 45,000-metre drill program is underway targeting resource conversion, resource growth, and exploration focused on defining the high-grade potential to depth.
Drilling underway at Enchi targeting resource conversion, resource growth, and exploration. Focus of the current phase of drilling is on testing the high-grade potential of the upper fresh mineralization, with a focus on defining the high-grade potential to depth at Enchi.
De-risking the development at Enchi. Advancing technical work including engineering, mine design and economic parameters, technical work that supports the higher valuation multiples ascribed to later stage assets in the market.
C$10.9M cash-on-hand as of September 30, 2025, with a further ~C$10M in cash received from warrants that expired on Feb 27, 2026 that will allow for continued advancement of work programs beyond the current plans.
DISCLAIMER REGARDING FORWARD LOOKING STATEMENTS AND INFORMATION
This website is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by Newcore Gold Ltd. (“Newcore” or the “Company”) to that effect. The information on this website is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to Newcore and should not be used for the purpose of making investment decisions concerning Newcore’s securities.
Forward-Looking Statements
This website includes statements that contain "forward-looking information" within the meaning of the applicable Canadian securities legislation ("forward-looking statements"). All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date they are made. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements herein relate, among other things, to: statements about the estimation of mineral resources; results of preliminary economic assessments; completion of a pre-feasibility study; results of metallurgical testwork; results of our ongoing drill campaign; magnitude or quality of mineral deposits; anticipated advancement of mineral properties or programs; and future exploration prospects and potential.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. The assumptions underlying the forward-looking statements are based on information currently available to Newcore. Although the forward-looking statements contained on this website are based upon what management of Newcore believes, or believed at the time, to be reasonable assumptions, Newcore cannot assure readers that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Forward-looking information also involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information.
Forward-looking statements contained herein are made as of the date they are made and Newcore disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
Technical Disclosure
The Preliminary Economic Assessment (“PEA”) study is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty the results of the PEA study will be realized. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Additional work is required to upgrade the mineral resources to mineral reserves. In addition, the mineral resource estimates could be materially affected by environmental, geotechnical, permitting, legal, title, taxation, sociopolitical, marketing or other relevant factors. Mineral resource estimates reported herein were prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). The information presented here should be read in conjunction with the technical report titled “NI 43-101 Technical Report, Preliminary Economic Assessment on the Enchi Gold Project, Ghana” dated June 7, 2024, with an effective date of April 24, 2024 (the “Technical Report”), and
available under the Company’s SEDAR+ profile at www.sedarplus.ca. The information contained herein is subject to all of the assumptions, qualifications and procedures set out in the Technical Report and reference should be made to the full details of the Technical Report. Economic highlights represent Newcore’s 100% interest in the Enchi Gold Project. Numbers may not add due to rounding.
Mr. Gregory Smith, P. Geo, Vice President of Exploration of Newcore, is a Qualified Person as defined by NI 43-101, and has reviewed and approved the technical data and information contained herein.
Please review the detailed Disclaimer as well as detailed technical disclosure that is available on Newcore’s website (https://newcoregold.com) for further details.
